Government opts out of N$3 billion Areva plant

Government will not buy the Areva desalination plant at the west coast due to the high asking price of N$3 billion, agriculture minister John Mutorwa announced. Cabinet, through its treasury committee, has been studying a proposal to buy the plant, owned by French uranium mining giant, Areva. Mutorwa, who was addressing stakeholders in Swakopmund yesterday, said that Cabinet was interested in acquiring the plant but its treasury committee – after vigorous scrutiny – advised otherwise.